NKE Options History — October 2023

In October 2023, NKE traded between $94.78 and $105.25. ATM implied volatility averaged 23.2%, placing in the 8.5% IV rank vs the trailing year. The 30-day expected move averaged 6.7%. IV traded below realized volatility by 3.6% (HV 20d: 26.8%). Max pain ranged from $92.50 to $97.50. Net GEX was positive for 11 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.40.

Notable Days

  • 2023-10-04: Highest Volume — 106,821 contracts
  • 2023-10-26: Largest IV spike — 9.8% change
  • 2023-10-27: Highest IV Rank — 20.0%
  • 2023-10-27: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.05$94.78$105.25$94.78$102.80
Max Pain$95.73$92.50$97.50$96.00$97.50
ATM IV23.2%21.2%26.1%23.9%24.0%
Expected Move6.7%6.1%7.7%7.0%7.2%
HV 20d26.8%21.9%29.6%28.4%25.7%
HV 60d22.3%21.6%25.0%22.0%24.8%
IV Rank8.5%1.1%20.0%9.4%11.8%
IV Percentile13.0%0.8%37.3%13.9%21.4%
Term Structure0.0%-1.4%0.8%0.0%0.1%
VWIV23.9%20.1%26.8%24.0%25.8%
Skew 25d3.3%2.4%4.1%3.0%4.1%
Skew 10d6.5%5.2%7.8%5.8%7.8%
Call IV 25d22.0%20.1%24.5%22.8%22.4%
Put IV 25d25.3%23.2%28.6%25.8%26.4%
Bid-Ask Spread %2.571.793.812.343.61
Gamma HHI0.080.050.170.060.05
Net GEX2.8M-36.6M39.1M-22.2M-523.7K
Net DEX-164.0M-842.0M435.1M427.1M-136.6M
Net VEX-8.4M-8.8M-7.8M-7.8M-8.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.400.633.961.711.06
Total Volume50,356.518,783106,82188,84218,783
Total OI698,754.545575,334785,658709,598596,149

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$94.78$96.0023.9%7.0%28.4%9.4%24.0%3.0%0.0%-22.2M427.1M-7.8M1.712.3432,82256,020344,763364,835
2023-10-03$94.98$95.0025.3%7.3%28.1%16.7%25.8%3.3%-0.4%-18.7M361.5M-8.2M1.272.3830,59938,874353,055374,362
2023-10-04$95.94$95.0023.4%6.6%28.4%9.3%20.1%3.2%-0.0%-10.5M185.6M-8.2M3.962.2421,51585,306362,822382,068
2023-10-05$96.00$92.5023.2%6.7%27.4%8.7%23.2%3.0%-0.1%-12.1M182.9M-8.3M1.743.0015,55827,038368,448386,530
2023-10-06$97.20$95.0021.9%6.3%27.7%3.5%22.7%2.7%0.4%-6.6M-41.7M-8.3M1.182.0423,64228,011373,924388,630
2023-10-09$97.07$95.0022.5%6.4%27.5%6.0%23.4%3.3%-0.1%-13.7M102.2M-8.2M2.362.1312,29828,989352,941368,662
2023-10-10$97.63$95.0021.7%6.3%27.6%2.7%22.5%3.2%0.5%-8.7M13.0M-8.3M1.561.8822,60535,340358,005372,083
2023-10-11$98.66$95.0021.2%6.3%27.8%1.1%22.0%3.1%0.8%1.9M-158.1M-8.4M2.131.8617,35337,022363,083375,843
2023-10-12$99.25$95.0021.5%6.1%27.5%2.1%23.5%2.9%-0.2%10.2M-299.8M-8.3M1.331.8927,89137,103369,287382,953
2023-10-13$99.88$95.0022.8%6.6%27.2%7.2%23.4%3.1%0.3%39.1M-356.2M-8.5M1.172.4527,97932,668370,476391,202
2023-10-16$102.34$95.0022.9%6.7%28.0%7.7%24.1%2.6%-1.4%23.6M-668.9M-8.3M1.261.9525,36231,833354,156379,506
2023-10-17$103.06$95.0021.6%6.2%27.8%2.3%23.1%2.4%0.1%30.5M-762.1M-8.3M0.971.7921,32420,647360,513390,008
2023-10-18$103.59$95.0022.4%6.4%27.3%5.7%23.7%2.7%-0.2%37.3M-842.0M-8.3M0.842.6718,45215,563363,470396,058
2023-10-19$103.18$97.5023.4%6.7%25.3%9.4%25.1%3.5%0.0%32.7M-734.8M-8.5M0.962.5431,47530,142363,516400,762
2023-10-20$102.66$97.5023.1%6.6%25.1%8.4%24.0%3.4%-0.0%20.6M-625.5M-8.6M0.842.6233,89828,548370,788414,870
2023-10-23$103.09$95.0023.5%6.9%24.7%9.8%23.8%3.6%0.2%291.5K-169.8M-8.6M0.632.7620,19912,689258,118317,216
2023-10-24$105.25$95.0022.3%6.5%24.9%5.1%23.1%3.2%0.3%16.1M-430.7M-8.6M0.972.8519,62518,972267,861321,408
2023-10-25$103.68$97.5023.2%6.8%25.5%8.4%23.5%3.4%0.4%3.8M-226.8M-8.8M1.373.508,84312,099273,919330,512
2023-10-26$100.16$97.5025.4%7.5%29.6%17.2%26.1%4.0%0.1%-18.7M176.1M-8.8M1.342.7914,74219,827279,024330,946
2023-10-27$97.91$97.5026.1%7.7%21.9%20.0%26.7%4.1%0.1%-36.6M435.1M-8.7M1.373.8113,26718,134282,453333,943
2023-10-30$102.00$97.5024.9%7.4%25.7%15.1%26.8%4.0%-0.1%-5.6M-38.9M-8.7M0.723.4520,26014,526265,349318,083
2023-10-31$102.80$97.5024.0%7.2%25.7%11.8%25.8%4.1%0.1%-523.7K-136.6M-8.7M1.063.619,1179,666272,065324,084